Common use of Sales of Property Clause in Contracts

Sales of Property. The Custodian shall settle sold Property upon receipt of Written Instructions that specify: (a) the name of the issuer and the title of the security or other Property, including CUSIP number if applicable; (b) the number of shares or principal amount or amount of Interests sold, and accrued interest, if any; (c) the date of trade and settlement; (d) the sale price per unit; (e) the total amount payable to the Customer upon such sale; (f) the name of the broker through whom or the person to whom the sale was made; (g) the location to which the security must be delivered and delivery deadline, if any; and The Custodian shall deliver the Property upon receipt of the total amount payable to the Customer upon such sale, provided that the total amount payable is the same as was set forth in the Written Instructions. Notwithstanding the other provisions thereof, the Custodian may accept payment in such form as shall be satisfactory to it, and may deliver Property and arrange for payment in accordance with the customs prevailing among dealers in securities. It is understood that the Custodian shall have no duty hereunder to solicit or request payment for any such sale.

Sales of Property. The Custodian Bank shall settle sold Property upon receipt of Written Instructions that specify: (a) the name of the issuer and the title of the security or other Property, including CUSIP number if applicable; (b) the number of shares or principal amount or amount of Interests sold, and accrued interest, if any; (c) the date of trade and settlement; (d) the sale price per unit; (e) the total amount payable to the Customer upon such sale; (f) the name of the broker through whom or the person to whom the sale was made; (g) the location to which the security must be delivered and delivery deadline, if any; and The Custodian Bank shall deliver the Property upon receipt of the total amount payable to the Customer upon such sale, provided that the total amount payable is the same as was set forth in the Written Instructions. Notwithstanding the other provisions thereof, the Custodian Bank may accept payment in such form as shall be satisfactory to it, and may deliver Property and arrange for payment in accordance with the customs prevailing among dealers in securities. It is understood that the Custodian Bank shall have no duty hereunder to solicit or request payment for any such sale.

Sales of Property. The Custodian Bank shall settle sold Property upon receipt of Written Instructions that specify: (a) the name of the issuer and the title of the security or other Property, including CUSIP number if applicable; (b) the number of shares or principal amount or amount of Interests sold, and accrued interest, if any;; A-6 (c) the date of trade and settlement; (d) the sale price per unit; (e) the total amount payable to the Customer upon such sale; (f) the name of the broker through whom or the person to whom the sale was made; (g) the location to which the security must be delivered and delivery deadline, if any; and The Custodian Bank shall deliver the Property upon receipt of the total amount payable to the Customer upon such sale, provided that the total amount payable is the same as was set forth in the Written Instructions. Notwithstanding the other provisions thereof, the Custodian Bank may accept payment in such form as shall be satisfactory to it, and may deliver Property and arrange for payment in accordance with the customs prevailing among dealers in securities. It is understood that the Custodian Bank shall have no duty hereunder to solicit or request payment for any such sale.